There are no reasons here to explain the functionality of an SLBM on a depressed trajectory. There are studies of this:Some are saying depressed trajectory test (can see view of actual missile in flight in link). Depressed trajectory of an ICBM doesn't make much sense to me, so maybe a JL-3 test possibly?
To answer your question that an ICBM with a depressed trajectory makes no sense, I disagree. I would agree with you 3 months ago, before the Chinese Glide-FOBS(G-FOBS) was revealed to the world, and I just didn't think China was that advanced.
An ICBM with a depressed trajectory has all the qualities of an FOBS. All. By the way, there is an abbreviation of that name, DICBM - Depressed ICBM. Here's an account of that: "Although not truly a space weapon, one other system is often considered in a discussion of space weapons: the Depressed Trajectory ICBM (DICBM). The DICBM does not achieve orpit. It is a ballistic missile placed on a trajectory that has a low aogee resulting in a depression of the entire trajectory.This depressed trajectory results in shortened radar detection ranges, shorter flight times, and some trajectories which can exploit holes in existing detection systems.
The primary area of content appeared to be deployment. The tests the Russians conducted clearly had application to FOBS or DICBM, and the two systems were closely related. Both offer a new dimension to Soviet strategic capability (with inherent advantages and disadvantages), and both may provide a technological base data which could eventually lead to the development of advanced orbital weapon systems. Present US space and missile defense capabilities were inadequate to cope with either system."
Source:
The FOBS test raised a warning that China will do everything possible to avoid all dedicated ABM screening apparatus in the US and abroad, especially those located in the US. A DICBM has a low apogee because of the depressed trajectory, thus avoiding OTH ABM radars that have a precise resolution at 4,500 km, but at 1,200 km altitude, a DICBM or FOBS simply nullifies these radars by reducing the missile interception window while maintaining invisible on the horizon, not to mention that on depressed trajectories they also lead the missile to a shorter flight time.
The qualities of the DICBM can be found here: "It is a ballistic missile placed on a trajectory that has a low aoge and resulting in a depression of the entire trajectory. This depressed trajectory results in shortened radar detection ranges, shorter flight times, and some trajectories which can exploit holes in existing detection systems."
The development of an FOBS may necessarily lead to a DICBM, as per the Soviet designs of the 60s/70s. Also in the source, read what they say: "During 1968, the Russians again used the SS-X-6 in a DICBM role. The vehicles were launched from Tyura Tam and impacted in the Pacific. Apogee height o£ these tests were 300 Miles, less than the normal apogee height for this system in an ICBM role. These tests continued to cloud the issue on Soviet intent. Clearly, though, the interest and technological capability existed to use space for an offensive weapon system. the element of surprise which might be available from space weapons could significantly complement their strategic offensive capability, neither high costs nor the space treaty will be likely to deter its use."
The apogee of an ICBM with a depressed trajectory is greater than that of an FOBS that reaches an altitude of 150 km, an ICBM will have a greater apogee, probably climbing something around 300 km to 800 km altitude, enough to reduce the window of intercepting the American ABM apparatus, which still suffers from limitations and recurrent errors, not giving the precise reliability that a system of this size proposes.
In a document "Defense Appropriations 1971", they highlight whether they should develop an FOBS or an ICBM with a depressed trajectory due to Soviet advances, as can be seen in the attached image.
The development of the Chinese FOBS is likely to be leading to the development of a DICBM to create new systems of strategic attack, decreasing the numerical vulnerability that exists between the US and China. It is worth remembering that I have no doubt that China, based on the development of FOBS, will develop MOBS (Multi-Orbit Bombardment System/Multiple Orbital Bombardment System) to further reduce this numerical weakness, compensating with qualitative strengthening.